quq: A meme coin with a trading volume 184 times its market cap, data hints at wash trading
quq is priced at $0.00265, with a market cap of only $2.1 million, down 6.31% in the last 24 hours, showing weak price action. But the most shocking data point is its 24-hour trading volume hitting $387 million—184 times its market cap, which is extremely rare even in the meme coin space. Liquidity stands at $1.55 million, significantly below the actual trading volume, indicating a high frequency of algo or bot trading on-chain.
Net outflow of funds is $2.46 million, which, with an overall market cap of only $2.1 million, represents a net outflow equivalent to 117% of the entire market cap, signaling a severe imbalance in positive cash flow for this coin. The social sentiment index is at 0, emotional state is Neutral, with zero real community discussions backing this, a typical characteristic of "wash trading coins"—busy on-chain, silent off-chain.
Top 10 address concentration is at 68.2%, relatively dispersed for a project that has been around for 442 days, but the repeated appearance of the Wash Trading tag is a clear red flag. The core risk of such a coin lies not in its price fluctuations, but in the authenticity of its liquidity—once the bot trading stops, the price could plummet to zero in an instant.
**Tags: #quq #迷因币 #Wash Trading Alert**
quq is priced at $0.00265, with a market cap of only $2.1 million, down 6.31% in the last 24 hours, showing weak price action. But the most shocking data point is its 24-hour trading volume hitting $387 million—184 times its market cap, which is extremely rare even in the meme coin space. Liquidity stands at $1.55 million, significantly below the actual trading volume, indicating a high frequency of algo or bot trading on-chain.
Net outflow of funds is $2.46 million, which, with an overall market cap of only $2.1 million, represents a net outflow equivalent to 117% of the entire market cap, signaling a severe imbalance in positive cash flow for this coin. The social sentiment index is at 0, emotional state is Neutral, with zero real community discussions backing this, a typical characteristic of "wash trading coins"—busy on-chain, silent off-chain.
Top 10 address concentration is at 68.2%, relatively dispersed for a project that has been around for 442 days, but the repeated appearance of the Wash Trading tag is a clear red flag. The core risk of such a coin lies not in its price fluctuations, but in the authenticity of its liquidity—once the bot trading stops, the price could plummet to zero in an instant.
**Tags: #quq #迷因币 #Wash Trading Alert**